minimum wage

Ministry suggests increasing minimum wage to EUR 703 (1)

Lithuania's Ministry of Social Security and Labor has proposed to the government to increase the minimum monthly wage in the country by 61 euros (9.5...

EU minimum wages grew cautiously amid COVID-19 economic uncertainty

The economic uncertainty created by the COVID-19 pandemic slowed, but did not stop, overall minimum wage growth in the EU in 2021. Minimum wages were raised...

Parliament adopts 2021 budget

The Seimas of Lithuania on Tuesday adopted the 2021 budget with 77 votes in favor, 2 votes against and 49 abstentions.

Minister: budget deficit to narrow, debt-to-GDP ratio to stabilize in 2021

The Lithuanian state's 2021 budget bill has been drafted with the aim of reducing the general government deficit and stabilizing the growth of debt...

Lithuania may raise minimum wage by EUR 35 child benefit by EUR 10 next year

The Lithuanian government proposes to raise the minimum wage from 607 euros to 642 euros before tax and increase the monthly child benefit from 60 euros to...

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